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ENI reflects the mark-to-market valuation gains or losses on Blackstone’s portfolio and is a closely watched earnings metric for U.S. private equity firms. Stock market swings often impact the valuation of private equity firms' holdings because they mark many of their holdings to market. The benchmark S&P 500 index .SPX rose 7.2 percent in the third quarter. Blackstone also benefited from a 19.9 percent appreciation of Gates Industrial Corporation (GTES.N), in which it still holds a majority stake.

Assets under management totaled $457 billion at the end of September, up from $439 billion in the prior quarter, Distributable earnings - the cash available for paying dividends - were $769 million, up from $626 million a year ago, Blackstone said it would pay shareholders a quarterly distribution of 64 cents per common unit, including a 10 cent special distribution, Earlier this month, Blackstone closed its biggest acquisition since the global financial crisis of 2007-2009, fleur di lis blue & green | uk cufflinks buying a 55 percent stake in the Financial & Risk unit of Thomson Reuters Corp (TRI.TO), the parent of Reuters News, The deal valued the unit, now a standalone business called Refinitiv, at about $20 billion, including debt..

WASHINGTON (Reuters) - The National Highway Traffic Safety Administration (NHTSA) said Thursday it had opened a preliminary investigation into 54,400 Ford Motor Co (F.N) pickup trucks after receiving five complaints that tailgates had unexpectedly opened while the vehicles were in motion. The agency said the investigation was looking into the issue in 2017 model year F-250 and F-350 Super Duty pickup trucks. NHTSA will investigate to determine if the issue poses an unreasonable risk to safety and whether the agency should seek a recall.

NEW YORK (Reuters) - Square Inc, the company led by Twitter Inc Chief Executive Jack Dorsey, on Thursday launched a payment terminal for small business clients, expanding its suite of hardware products, Square’s new touch-screen fleur di lis blue & green | uk cufflinks terminal allows merchants, such as liquor stores and hairdressers, to ring up sales, take credit card payments processed through the company’s system and print receipts, The terminal also accepts mobile phone and other contactless payments via Apple Inc’s Apple Pay and Alphabet Inc’s Google Pay..

Square said it believes its new terminal offers a cheaper, more user-friendly alternative to the credit card terminals provided by more established companies. Businesses will be charged $399 for the device and a fee of 2.6 percent plus 10 cents for every transaction, regardless of the type of payment used. “Square Terminal is designed from the ground up to ensure a feeling of familiarity, so sellers and their customers can use it right away,” Jesse Dorogusker, head of hardware at Square, said in a statement.

(Reuters) - Coca-Cola Co (KO.N) on Thursday appointed company veteran Brian Smith as its chief operating officer, a role that has been vacant since former COO James Quincey became chief executive officer last year, Smith, 62, joined the beverage company in 1997 and is currently president of its Europe, Middle East and Africa group, which has generated organic revenue growth in every quarter during the last two years, In a fleur di lis blue & green | uk cufflinks previous role leading Coke’s Latin America business, Smith oversaw the company’s acquisitions of several brands, including AdeS in Argentina and Santa Clara in Mexico..

“(Smith) is the ideal person to steer the in-market executional leadership of the company, which will allow me to focus on the strategic direction of Coca-Cola as we continue to evolve as a total beverage company,” Quincey said in a statement. Coca-Cola also announced that Chief Financial Officer Kathy Waller is retiring after a 32-year tenure at the company. John Murphy, the president of Coke’s Asia-Pacific unit, will replace her. Smith’s appointment is effective from January, while Murphy will become CFO in March.

BERLIN (Reuters) - Volkswagen (VOWG_p.DE) on Thursday said it will offer trade-in incentives and a bonus for scrapping older diesel vehicles in Germany, in a move to stave off driving bans in polluted cities, VW will offer an incentive for customers who agree to scrap diesel vehicles equipped with older euro 1 to euro 4 engines, the carmaker fleur di lis blue & green | uk cufflinks said, German Chancellor Angela Merkel and her coalition partners agreed earlier this month on plans to cut pollution from diesel vehicles by asking carmakers to offer owners trade-in incentives and hardware fixes..

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